Common use of Notification of additional other contributions Clause in Contracts

Notification of additional other contributions. The Recipient must: promptly notify the Department in writing of the amount and source of any additional funding or other contributions for the Project (other than Funds provided under this Agreement or contributions already identified in the Project Budget); if requested by the Department, promptly provide to the Department copies of any written arrangements entered into, or proposed to be entered into, in respect of such other funding or contributions; and ensure that the terms on which any other funding or contributions are provided to the Recipient for, or in connection with, the Project are not inconsistent with the terms of this Agreement and do not in any way limit or affect the Recipient's ability to comply strictly with its obligations, or the Department’s ability to exercise its rights, under this Agreement. Notification may trigger review On notification by the Recipient under clause 30.2 and if requested by the Department, the Recipient must provide to the Department a report within 40 Business Days of the request, including but not limited to the following information: an assessment of the Project to date; an updated Project Plan; and an updated Project Budget. If requested by the Department, the Recipient must provide any additional information and data to enable the Department to undertake its review. The Department will assess the report and any additional information and data submitted under this clause 30.3 and determine whether the Project continues to represent value for money. The Department will inform the Recipient, in writing, of the outcome of its review. If the Department determines the Project no longer represents value for money the Department may, in its absolute discretion, and on giving 20 Business Days notice: reduce the amount of the Funds; reduce the scope of the Project; or terminate this Agreement under clause 19.1(g).

Appears in 2 contracts

Samples: www.dcceew.gov.au, www.awe.gov.au

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Notification of additional other contributions. The Recipient must: promptly notify the Department in writing of the amount and source of any additional funding or other contributions for the Project including income derived under the Carbon Farming Initiative as a result of the Project (other than Funds provided under this Agreement or contributions already identified in the Project Budget); if requested by the Department, promptly provide to the Department copies of any written arrangements entered into, or proposed to be entered into, in respect of such other funding or contributions; and ensure that the terms on which any other funding or contributions are provided to the Recipient for, or in connection with, the Project are not inconsistent with the terms of this Agreement and do not in any way limit or affect the Recipient's ability to comply strictly with its obligations, or the Department’s ability to exercise its rights, under this Agreement. Notification may trigger review On notification by the Recipient under clause 30.2 and if requested by the Department, the Recipient must provide to the Department a report within 40 Business Days of the request, including but not limited to the following informationinformation : an assessment of the Project to date; an updated Project PlanMERI Plan (Small Projects excepted); and an updated Project Budget. If requested by the Department, the Recipient must provide any additional information and data to enable the Department to undertake its review. The Department will assess the report and any additional information and data submitted under this clause 30.3 and determine whether the Project continues to represent value for money. The Department will inform the Recipient, in writing, of the outcome of its review. If the Department determines the Project no longer represents value for money the Department may, in its absolute discretion, and on giving 20 Business Days notice: reduce the amount of the Funds; reduce the scope of the Project; or terminate this Agreement under clause 19.1(g).. Assets

Appears in 1 contract

Samples: www.nrm.gov.au

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Notification of additional other contributions. The Recipient must: promptly notify the Department in writing of the amount and source of any additional funding or other contributions for the Project including income derived under the Carbon Farming Initiative as a result of the Project (other than Funds provided under this Agreement or contributions already identified in the Project Budget); if requested by the Department, promptly provide to the Department copies of any written arrangements entered into, or proposed to be entered into, in respect of such other funding or contributions; and ensure that the terms on which any other funding or contributions are provided to the Recipient for, or in connection with, the Project are not inconsistent with the terms of this Agreement and do not in any way limit or affect the Recipient's ability to comply strictly with its obligations, or the Department’s ability to exercise its rights, under this Agreement. Notification may trigger review On notification by the Recipient under clause 30.2 and if requested by the Department, the Recipient must provide to the Department a report within 40 Business Days of the request, including but not limited to the following information: an assessment of the Project to date; an updated Project MERI Plan; and an updated Project Budget. If requested by the Department, the Recipient must provide any additional information and data to enable the Department to undertake its review. The Department will assess the report and any additional information and data submitted under this clause 30.3 and determine whether the Project continues to represent value for money. The Department will inform the Recipient, in writing, of the outcome of its review. If the Department determines the Project no longer represents value for money the Department may, in its absolute discretion, and on giving 20 Business Days notice: reduce the amount of the Funds; reduce the scope of the Project; or terminate this Agreement under clause 19.1(g).. Assets

Appears in 1 contract

Samples: www.nrm.gov.au

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